Cost Of Living in Itasca, IL

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D-

23%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

78%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Itasca	Illinois	National
Cost of living	123	98	100
Groceries	99	100	100
Health care	99	100	100
Housing	178	95	100
Transportation	98	101	100
Utilities	99	99	100
Lifestyle & Entertainment	98	100	100
Household Items	100	100	100
Education & Childcare	101	100	100

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Homes For Sale In Itasca, IL

1399 Medinah Dr

Itasca, IL

1245 Biscayne Dr

Elk Grove Village, IL

1259 Old Mill Ln

Elk Grove Village, IL

313 Walters Ln

Itasca, IL

Cost Of Living Quick Facts

The cost of living in Itasca is 25% higher than the Illinois average
The cost of living in Itasca is 23% higher than the national average
Itasca housing is 78% higher than the national average
Illinois general sales tax is 22% higher than the national average
Illinois state income tax is 91% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$163,179	$13,598	$3,807	$4,896
Renters	$119,747	$9,979	$2,794	$3,593

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Itasca, IL, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Itasca homeowners, is $163,179. This would allow for a maximum of $3,807 per month to be spent on housing costs. For renters, the median monthly income is $119,747 which would result in a maximum of $2,794 to be spent on rental costs.

Illinois Sales Tax

State	General Sales Tax	With Max Surtax
Illinois	6.25%	10.25%

Illinois Income Tax

State	Income Tax (Low)	Income Tax (High)
Illinois	4.95%	4.95%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Hodgkins, IL	1,817	83	16.9%
Maywood, IL	23,986	96	3.6%
Broadview, IL	7,841	99	0.9%
Bellwood, IL	19,287	99	1.0%
Cicero, IL	84,320	100	0.3%
Itasca, IL	9,781	123	22.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Huron East, ON	9,781	n/a
Boaz, AL	9,780	84	16.3%
Country Club Estates, GA	9,780	93	7.2%
Sunbury, PA	9,779	85	15.1%
Oromocto, NB	9,784	n/a
Itasca, IL	9,781	123	22.6%